Bitcoin's price experienced a notable decline, falling 3.07% to $95,086 on February 21, 2025. This came as markets reacted to a significant security breach at Bybit, where a $1.4 billion hack took place. The incident has led to heightened volatility, with Bitcoin trading within a 24-hour range of $95,086 to $99,504.
Technical indicators further signaled bearish pressure on the cryptocurrency, as the fallout from Bybit's Ethereum cold wallet breach created uncertainty and apprehension among investors. The situation has cast a shadow over the market, as Bitcoin attempts to test key support levels amid the unfolding developments.
Булак: news.bitcoin.com ↗